The long-awaited approval of exchange-traded fund (ETF) by SEC has been postponed again to allow more time for the agency to think about the whole thing. However, many are already saying that there is really a slim chance that ETF can be approved in the near future due to many reasons but on the other hand there are those who are very positive about it.

Here is a quote you might want to read: "The SEC last postponed a decision on both the Bitwise and VanEck/SolidX proposals at the end of March, kicking both to May. The regulator has yet to approve any bitcoin ETFs, though both experts in the space and officials with the agency seem to believe that it’s only a matter of time."